Recurring Payment DDA Billing Date
If the client does not choose any billing date on the application form, then the Policy Start Date will become the Billing Date.
For first billing cycle on 5th; if the 1st try is rejected by the bank; we will initiate the 2nd try two weeks after on 20th; whereas if the 2nd try is also rejected by the bank, we will initiate the 3rd try (the last try) on 5th the next month to collect two months of contribution; the same principle applied for first billing cycle on 12th and retry on 27th and last try on 12th the next month accordingly.
For details, please refer to Autopay Billing Schedule
Heng An Standard Life Customer Hotline: 21690300